Thursday, July 26, 2007

UPDATE 1-Valeo 2nd-qtr operating income misses estimates

(Reuters) - PARIS, July 26 - French car parts group Valeo
, which broke off private equity buy-out talks earlier
this month, on Thursday reported that quarterly operating
income rose, but still missed expectations.




The firm posted second-quarter operating income of 90
million, up from 79 million in the first quarter, but below the
average target of 94.2 million euros, according to a survey of
six analysts by Reuters Estimates.


Read more at Reuters.com Market News

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